Hong Kong

Capital / Liquidity

How Asian Regulators Have Been Reflecting on 2023 Bank Failures

By Blake Evans-Pritchard | 18/06/2024

Asian regulators have been looking at whether the kinds of bank failures that occurred last year could also take place in their home markets.

Market Infrastructure

Hong Kong Seeks Further Derivatives Market Development

By Sanday Chongo Kabange | 17/06/2024

Plans include “high-liquidity products” and cross-boundary commodities trading. Preparations for Mainland treasury bond futures are at the “final stage”.

Market Infrastructure

CSRC Proposes to Enhance Funds Recognition Scheme

By Editors | 17/06/2024

Mutually recognised funds will be allowed to delegate their investment management functions to overseas asset management institutions.

Market Infrastructure

More ETFs Will be Added to Stock Connect on 22 July

By Editors | 17/06/2024

The AUM and index weighting requirements have been relaxed to include more HK- and mainland-listed ETFs in Stock Connect.

ESG / Sustainability

HKEX Proposes Enhancements to Corporate Governance Code

By Editors | 17/06/2024

The new requirements aim to enhance risk management as well as board effectiveness, independence and diversity.

Market Infrastructure

HK Official Offers Update on New Investment Migration Scheme

By Sanday Chongo Kabange | 17/06/2024

InvestHK received 250 applications for the new capital investment entrant scheme by end-May, over 75% from Guinea-Bissau or Vanuatu.

ESG / Sustainability

HKEX Launches New Online “Board Diversity Hub”

By Sanday Chongo Kabange | 17/06/2024

The new online hub is intended to advance gender diversity and help listed issuers meet a December deadline to have at least one female board member.

Securities / Derivatives

HK Investment Banks Call for Easing of Stock Buyback Rules

By Editors | 15/06/2024

Investment banks are reportedly asking HKEX to make it possible for issuers to use convertible bond proceeds for share buybacks, without EGM approval.

Fintech / Regtech

HK PCPD Issues Personal Data Protection Framework for AI

By Manesh Samtani | 14/06/2024

The new model framework offers recommendations on AI governance, risk management, and personal data security, among other areas.